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Goodwill and Acquired Intangible Assets, Net
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET
(6) GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET 

A summary of acquired intangible assets and goodwill activity for the nine months ended September 30, 2021 is presented below:
(in thousands)

 Acquired
Intangible
Assets



Goodwill

 
Total
Intangible
Assets

Balance as of December 31, 2020
 
$
121,883

 
$
665,821

 
$
787,704

Decreases:
 
 
 
 
 
 
Acquisition
 
—

 
—
 
—

Amortization
 
(17,388
 )
 
—

 
(17,388
 )
Foreign currency exchange rate changes
 
(2,257
 )
 
(19,643
 )
 
(21,900
 )
Balance as of September 30, 2021
 
$
102,238

 
$
646,178

 
$
748,416

Of the total goodwill balance of $646.2 million as of September 30, 2021, $393.9 million relates to the Money Transfer Segment, $131.0 million relates to the epay Segment and the remaining $121.3 million relates to the EFT Processing Segment. Estimated amortization expense on acquired intangible assets with finite lives as of September 30, 2021, is expected to total $5.6 million for the remainder of 2021, $21.2 million for 2022, $16.3 million for 2023, $9.6 million for 2024, $6.3 million for 2025 and $6.2 million for 2026.